Amazon is paying more than a $1 billion to bring this dream to life, according to The Hollywood Reporter.
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The article says the network's groundbreaking negotiation guaranteed a five-season commitment of J.R.R. Tolkien's adaptation, making it the "most expensive TV series ever."
Amazon Studios reportedly shelled out an estimated $250 million for the rights.
So, when will we see it? Production will reportedly start within the next two years.